On October 30, CZ stated that user funds are secure, indicating that this appears to be a targeted hacker attack on Binance. CZ thanked Tether and Circle for swiftly freezing the relevant funds, which amount to approximately $971 million and $823 million, respectively. CZ mentioned that he no longer manages Binance.com, but as a shareholder, he expects all user funds to be fully covered. Previously, Binance's official statement indicated that they are investigating potential security issues, and it has not yet been confirmed whether user funds have been affected.
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CZ: Approximately $1.794 Billion in Stablecoins Frozen, Binance User Funds Secure
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Binance Confirms Total Verified Freezes Amounting to $2.54 Billion
On October 30, Binance officially announced on X: "We have noticed that various different figures regarding the frozen amounts are currently circulating publicly, including claims of $1.8 billion. To clarify the facts, the currently verified total amount frozen is $2.54 billion. As our team works closely with law enforcement, issuers, blockchain intelligence companies, and industry partners to trace and freeze more assets, this number may continue to increase. We will only share confirmed figures and will provide further updates as more verified information becomes available." -
Binance Marked Wallet Outflows Exceed $5.6 Billion, At Least $2.316 Billion Frozen
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Iran Imports $2 Billion in Military Equipment
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French 10-Year Government Bond Yield Drops 9.5 Basis Points to 4.845%
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